Box Hill North is a well-established suburb in Victoria within the Whitehorse local government area (postcode 3129). With a population of 12,337, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $95K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Box Hill North is $1.3 million, having risen modestly 0.5% over the past year. Units have a median price of $882,000 (+4.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,297.
Box Hill North is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1102, which is well above the national average of 1,000. Public transport access includes 18 rail stations, 38 bus stops. The crime rate in the Whitehorse LGA is moderate at 6,384 incidents per 100,000 population.
From an investment perspective, Box Hill North offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +0.5% year-on-year.
Box Hill North is a well-established suburb in Victoria within the Whitehorse local government area (postcode 3129). With a population of 12,337, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $95K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Box Hill North is $1.3 million, having risen modestly 0.5% over the past year. Units have a median price of $882,000 (+4.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,297.
Box Hill North is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1102, which is well above the national average of 1,000. Public transport access includes 18 rail stations, 38 bus stops. The crime rate in the Whitehorse LGA is moderate at 6,384 incidents per 100,000 population.
From an investment perspective, Box Hill North offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 14.2x is considered stretched. House prices have moved +0.5% year-on-year.